TD SYNNEX Balance Sheet Health

Financial Health criteria checks 6/6

TD SYNNEX has a total shareholder equity of $8.1B and total debt of $4.0B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are $27.8B and $19.7B respectively. TD SYNNEX's EBIT is $1.3B making its interest coverage ratio 5.5. It has cash and short-term investments of $1.0B.

Key information

49.5%

Debt to equity ratio

US$4.01b

Debt

Interest coverage ratio5.5x
CashUS$1.03b
EquityUS$8.10b
Total liabilitiesUS$19.70b
Total assetsUS$27.80b

Recent financial health updates

Recent updates

TD SYNNEX Corporation (NYSE:SNX) Shares Could Be 43% Below Their Intrinsic Value Estimate

Mar 06
TD SYNNEX Corporation (NYSE:SNX) Shares Could Be 43% Below Their Intrinsic Value Estimate

TD SYNNEX's (NYSE:SNX) Conservative Accounting Might Explain Soft Earnings

Feb 02
TD SYNNEX's (NYSE:SNX) Conservative Accounting Might Explain Soft Earnings

Here's What Analysts Are Forecasting For TD SYNNEX Corporation (NYSE:SNX) After Its Annual Results

Jan 30
Here's What Analysts Are Forecasting For TD SYNNEX Corporation (NYSE:SNX) After Its Annual Results

TD SYNNEX (NYSE:SNX) Is Increasing Its Dividend To $0.40

Jan 12
TD SYNNEX (NYSE:SNX) Is Increasing Its Dividend To $0.40

TD Synnex Reports A Large Earnings Beat; Stock Attractive At 8.6x 2024 Earnings Estimates

Jan 11

A Piece Of The Puzzle Missing From TD SYNNEX Corporation's (NYSE:SNX) Share Price

Jan 04
A Piece Of The Puzzle Missing From TD SYNNEX Corporation's (NYSE:SNX) Share Price

TD Synnex: Demand Environment Needs To Improve For Shareholders To See Better Returns

Dec 26

An Intrinsic Calculation For TD SYNNEX Corporation (NYSE:SNX) Suggests It's 35% Undervalued

Nov 29
An Intrinsic Calculation For TD SYNNEX Corporation (NYSE:SNX) Suggests It's 35% Undervalued

At US$95.29, Is TD SYNNEX Corporation (NYSE:SNX) Worth Looking At Closely?

Nov 06
At US$95.29, Is TD SYNNEX Corporation (NYSE:SNX) Worth Looking At Closely?

TD Synnex: Wait For Better Price Levels

Oct 07

TD SYNNEX (NYSE:SNX) Has A Somewhat Strained Balance Sheet

Sep 27
TD SYNNEX (NYSE:SNX) Has A Somewhat Strained Balance Sheet

TD Synnex: Dividends, Buybacks, Capital Turnover, All Suggest Plenty Of Cash For Shareholders

Sep 21

Is It Time To Consider Buying TD SYNNEX Corporation (NYSE:SNX)?

Jul 26
Is It Time To Consider Buying TD SYNNEX Corporation (NYSE:SNX)?

Are Investors Undervaluing TD SYNNEX Corporation (NYSE:SNX) By 48%?

Jul 07
Are Investors Undervaluing TD SYNNEX Corporation (NYSE:SNX) By 48%?

TD Synnex: Promising Long-Term Investment Despite Q2 Hurdles

Jul 07

Here's Why TD SYNNEX (NYSE:SNX) Can Manage Its Debt Responsibly

Jun 20
Here's Why TD SYNNEX (NYSE:SNX) Can Manage Its Debt Responsibly

TD SYNNEX (NYSE:SNX) Is Increasing Its Dividend To $0.35

Mar 31
TD SYNNEX (NYSE:SNX) Is Increasing Its Dividend To $0.35

Is Now The Time To Look At Buying TD SYNNEX Corporation (NYSE:SNX)?

Mar 23
Is Now The Time To Look At Buying TD SYNNEX Corporation (NYSE:SNX)?

Financial Position Analysis

Short Term Liabilities: SNX's short term assets ($18.6B) exceed its short term liabilities ($15.3B).

Long Term Liabilities: SNX's short term assets ($18.6B) exceed its long term liabilities ($4.4B).


Debt to Equity History and Analysis

Debt Level: SNX's net debt to equity ratio (36.8%) is considered satisfactory.

Reducing Debt: SNX's debt to equity ratio has reduced from 101.5% to 49.5% over the past 5 years.

Debt Coverage: SNX's debt is well covered by operating cash flow (35.1%).

Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (5.5x coverage).


Balance Sheet


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